MENAPT Funding Rounds December 2024 vs December 2023
By Lucidity Insights Research Team 15 January 2025

MENAPT Funding Rounds December 2024 vs December 2023

The MENAPT region’s funding activity in December 2024 remained largely stable year-over-year, with US $1.57 billion raised across 76 deals, compared to US $1.55 billion across 99 deals in December 2023. While overall funding was flat, the decline in deal volume reflects a shift toward larger, high-value transactions aligned with the rest of the year.

The UAE dominated the landscape, accounting for US $888.9 million across 16 deals, driven by three mega-rounds. Notable deals included Quantix Technology’s US $500 million financing and Cadena’s US $183 million Series B in SalesTech.

Israel secured US $558.5 million across 19 deals, including a US $305.5 million debt financing round by energy company Nostromo.

MENAPT's performance in December highlights its resilience and adaptability amid global economic challenges, sending strong signal for sustained growth in 2025.
 

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